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122 3rd St, Richmond, CA, 94801

2beds
1baths
918sqft
$399,000
$435price/sqft
$3,173/moest. monthly cost
$126,920/yrincome needed

About This Home

Excellent investment opportunity! Tenant-occupied 2-bedroom, 1-bath home offering immediate rental income. This charming property features a functional floor plan, spacious lot, and convenient access to major freeways, shopping, schools, and public transportation. Great opportunity to add value over time.

Getting Around

72
WalkingVery Walkable
47
TransitSome Transit
73
BikeVery Bikeable

Schools

4/10
1/10
2/10
Kennedy High SchoolGrades 9-122.2 mi

Construction

Condition

  • Property condition: Existing
  • Year built: 1950

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Range
  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Hardwood,Laminate,Linoleum
  • Number of fireplaces: 1
  • Fireplace features: Brick
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: None

Interior Area

  • Total structure area: 918
  • Total interior livable area: 918 sqft

Kitchen

  • Features: Dishwasher, Laminate Counters, Range/Oven Free Standing

Property

Details

  • Parcel number: 5383200234
  • Special condition: Standard
  • Other equipment: None

Features

  • Levels: One Story
  • Stories: 1
  • Pool features: None
  • Exterior features: Back Yard,Front Yard
  • Fencing: Fenced

Lot

  • Lot size: 5,967 sqft
  • Features: Rectangular Lot

Parking

  • Total spaces: 1
  • Parking features: Uncovered Parking Space
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Lightning

FEMA Declared Disasters in Contra Costa County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,017$24,204
Home Insurance *$107$1,284
Property Taxes $651$7,812
Electricity $398$4,786
Total$3,173$38,076
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$108,788/yr
40% on housing$95,190/yr
45% on housing$84,613/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.5%
7.5%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$435This listing

vs Other Active Listings

Avg $/sqft

ZIP 94801$291
Contra Costa County$420

vs Homes Sold Last Month

Median $/sqft

ZIP 94801$435
Contra Costa County$475

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-06Listed for sale$399,000
2018-07-02Sold$325,000
2018-05-14Pending sale$330,000
2018-05-01Price change$330,000
2018-04-24Pending sale$350,000
2018-04-19Listed for sale$350,000
2018-02-07Listing removed$350,000
2017-12-21Pending sale$350,000
2017-08-28Listed for sale$350,000
2009-04-16Sold$33,000
2009-03-06Listed for sale$34,900
2008-09-29Sold$48,000

For Sale by Agent

AgentVaillen Fung
BrokerageALLIANCE BAY REALTY

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